Product ID: UCMIG50B2019
Report ID:
UCMIG50B2019 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for enterprise network infrastructure was valued at USD 58.77 billion in 2022 and is projected to grow at a CAGR of 4.9% from 2023 to 2030, driven by the increasing demand for network connectivity. Enterprises are embracing digital technologies to enhance their business operations, leading to a greater emphasis on network infrastructure. Consequently, the demand for network infrastructure is on the rise. Enterprises are upgrading their networks to accommodate wireless networks and support the growing need for bandwidth. Factors such as the widespread adoption of mobile devices, escalating bandwidth requirements, and the shift towards wireless technology are key drivers in the market. Additionally, enterprises are investing more in network upgrades to improve speed, cost efficiency, reliability, performance, and energy savings. For example, in March 2022, Hewlett Packard introduced the HPE GreenLake cloud service, offering comprehensive on-premises storage, networking, and compute cloud services through HPE GreenLake solutions.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Integrated Telecommunication Services by segment aggregation, the contribution of the Integrated Telecommunication Services in Telecommunication Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG50B2019